SKY Leasing Raises $770 Million for Sky Fund V, More Than Double the Size of its Predecessor Aviation Fund

San Francisco, CA- January 25, 2023- Sky Leasing LLC (“SKY Leasingâ€) a leading
alternative asset manager with extensive experience investing institutional capital in aviation,
today announced the final close of Sky Fund V, L.P. (“SFV or the Fundâ€). The Fund closed
oversubscribed with approximately $770 million in capital commitments with strong support
from existing and new investors that include global insurance companies, sovereigns, pension
funds, endowments, foundations, and family offices.

The Fund is a continuation of the investment program of SKY Leasing focused on providing
capital solutions to airlines seeking fleet modernization primarily through the sale-leaseback of
new aircraft deliveries. To date, SFV has committed over half of the capital raised to acquire a
fleet of 48 aircraft with an average age under three years.

“The capital raised for SFV is well positioned for the post-covid recovery period, which
continues to present attractive investment opportunities for new and young mid-life aircraftâ€
said Austin Wiley, Chief Executive Officer of SKY Leasing.

Eaton Partners acted as the exclusive global placement agent for the Fund.
About SKY Leasing

SKY Leasing, LLC (“SKY Leasingâ€) is a premier aircraft leasing asset manager with offices in
San Francisco, California, Dublin, Ireland, and Singapore. The company’s fund management
business was founded in 2019, in partnership with M&G Investments. Since 2016, SKY Leasing
has invested over $7 billion to acquire new and young mid-life aircraft. For more information
about SKY Leasing, visit www.skyleasing.com.